Berkshire Moves the Goalposts on Lubrizol Deal

Warren Buffett’s Berkshire Hathaway and chemicals maker Lubrizol agreed to extend the date of their merger to Dec. 31 under certain conditions, according to a regulatory filing.

Lubrizol said Monday the two companies had agreed to amend their merger agreement so the deadline is extended if the companies haven’t secured the required approvals from regulators by Sept. 15, so long as they’ve met all other closing conditions or if all other closing conditions “are capable of being fulfilled.”

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